Solar Panel Cost Guide in Wauseon, OH (2024 Update)
- Wauseon Solar Installation Cost: $18,243
- 25-Year Savings: $17,682
- Payback Period: 14.5 Years
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Average Cost of Solar Panels in Wauseon
We go over average solar pricing in Wauseon.
The national average cost of solar panels is $2.66 per watt, but in Wauseon it’s 3 per watt.To cover the typical energy needs of the average home in Wauseon, most homeowners require a 7.6-kilowatt system. Using the figure above, a solar installation costs about $18,243, or $26,087 before the federal solar tax credit of 0 is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar system you choose, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Wauseon see about $16,000 in savings on utility bills over 20 years.
Click the button below to get connected to a reputable solar company in Wauseon for a custom quote.
Solar savings over time in Wauseon
Year | Return on Investment |
---|---|
1 years | $-16,945 |
3 years | $-14,351 |
5 years | $-11,756 |
7 years | $-9,162 |
9 years | $-6,567 |
11 years | $-3,973 |
13 years | $-1,378 |
15 years | $1,217 |
17 years | $3,811 |
19 years | $6,406 |
21 years | $9,000 |
23 years | $11,595 |
25 years | $14,189 |
Top Solar Installers in Wauseon
Many homeowners decide to use a solar installation company since trying to install solar panels by yourself can be a labor-intensive endeavor. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Wauseon:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Wauseon
Factors that Affect Solar Panel Costs in Wauseon
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in Wauseon: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of solar panels in Wauseon, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,410 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Wauseon average.
Solar Financing Terms
Many homeowners find the average cost of solar in Wauseon to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to paying more over time due to interest.However, the interest on solar loans also adds to your overall costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.55 | $14,895 | $9,739 | 15.1 years |
8 kW | $3.48 | $19,478 | $13,367 | 14.8 years |
10 kW | $3.41 | $23,870 | $17,186 | 14.5 years |
12 kW | $3.34 | $28,071 | $21,197 | 14.2 years |
14 kW | $3.27 | $32,081 | $25,398 | 14.0 years |
16 kW | $3.21 | $35,900 | $29,790 | 13.7 years |
18 kW | $3.14 | $39,529 | $34,373 | 13.4 years |
20 kW | $3.07 | $42,966 | $39,147 | 13.1 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Wauseon, OH Solar Cost FAQs
What is the average cost of installing solar panels in Wauseon?
The average cost of solar panels in Wauseon is about $17,050 for a 5-kW system and $34,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Wauseon?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on power bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Wauseon, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.